Greencore Group plc (LON:GNC) announced a dividend on Tuesday, November 26th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, January 2nd will be given a dividend of GBX 3.75 ($0.05) per share on Friday, February 28th. This represents a dividend yield of 1.56%. The ex-dividend date is Thursday, January 2nd. This is an increase from Greencore Group’s previous dividend of $2.45. The official announcement can be viewed at this link.
GNC opened at GBX 240.35 ($3.14) on Thursday. Greencore Group has a twelve month low of GBX 160.90 ($2.10) and a twelve month high of GBX 249.40 ($3.26). The company has a current ratio of 0.69, a quick ratio of 0.57 and a debt-to-equity ratio of 111.77. The stock has a market cap of $1.07 billion and a PE ratio of 16.46. The business’s 50 day moving average is GBX 238.20 and its 200-day moving average is GBX 222.67.
GNC has been the topic of a number of research analyst reports. Barclays raised their price objective on shares of Greencore Group from GBX 205 ($2.68) to GBX 215 ($2.81) and gave the company an “underweight” rating in a research note on Thursday. Peel Hunt reiterated a “hold” rating on shares of Greencore Group in a research note on Tuesday. Numis Securities reiterated an “add” rating on shares of Greencore Group in a research note on Monday, September 30th. Shore Capital reiterated a “house stock” rating on shares of Greencore Group in a research note on Thursday, November 14th. Finally, Berenberg Bank raised their price objective on shares of Greencore Group from GBX 210 ($2.74) to GBX 250 ($3.27) and gave the company a “hold” rating in a research note on Friday, September 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 235 ($3.07).
Greencore Group plc manufactures and sells various convenience food products primarily in the United Kingdom. The company provides sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire puddings, cakes, and desserts. It also trades in Irish ingredients; and invests in properties.
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